Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Sunpharma looks good for a positional/swing trade. Buying above Rs 690, SL Rs 677.90, Target to be updated soon. Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
Script is very good breakout from the weekly consolidation of resistance 1161 and sustain above the previous week close resistance of 1181. If the day open and close above the resistanc of 1200 of the year 2015 then it will reach the target of 1313. Pharma sector also brekaout in this same pattern.
On the monthly chart, the stock has recently undergone a noteworthy breakout from a cup pattern. Cup patterns are recognized by a rounded bottom formation, often signaling a potential bullish reversal in market sentiment. The significance of this breakout is heightened when observed on a monthly timeframe, as it provides a more comprehensive view of the stock's...
It gave a breaout after a good consolidation and retested it also with a good hammer candle and also it is in a good uptrend which shows strength in this stock.
NSE:SUNPHARMA Did it finally break the channel, all set to rock ? Ignore if huge gap down or gap up. Follow strict stop loss. Disclaimer: This is not a financial, investment or trade advice. Its only for educational purpose.
#Sunpharma cash -Positional call 07 Nov 2023 Looks good above 1175.10 Stoploss 1155 Tgt 1260/1340 Cmp 1171
Same structure as of Indusind bank.. close above the consolidation
Sun pharma Big breakout Ready for 1240 sl 1245 Once cross 1175 sharp upmoves 1180 ce option holders
Monthly breakout happened in sun pharma Target is 1490. It gets around one and half year.SL below 1040 below.
stock was in consolidation for many days and looks like ready for a bounce back and also for a breakout or a breakdown if the stock goes for a breakdown i may go for option buying, if it goes for a bounce back which seems more promising i will go for a swing trade : which is best
Accumulation after rally Forming a good range Look for a close outside the box & ride for next target.
NSE:SUNPHARMA Is SUNPHARMA ready to break the channel this time ? Ignore if huge gap down or gap up. Follow strict stop loss. Disclaimer: This is not a financial, investment or trade advice. Its only for educational purpose.
#Sunpharma cash -Positional call 18.10.2023 Breakout level is 1170 on closing basis Cmp 1153.40
SUNPHARMA preparing for something good. Above : 1168 SL : 1100
Sun pharma has been consolidating after good runup up to 1160 from its low around 950. MACD is showing now good strength as MACD line about to cross its signal line, moreover scrip is trading above its 21 EMA on daily chart which further indicating bullishness in this stock, hence, more risk appetite traders can initiate adding this stock for the target of 1230-40...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Symmetric Triangle 📌 Symbol/Asset: SUNPHARMA ( Updated ) 🔍 Description: Stock is in a consolidation and making pattern. Soon we can see momentum after breakout !! 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle....